Gold and silver: Will 2023 be a good time to invest?

Supply chains are back to normal, resulting in lower premiums for coins and bars. In this context, investors will have better opportunities to buy gold and silver compared to last year, says Daniel Marburger, director of the precious metals buying and selling platform gold ira.

Forecasts in precious metals
“I find it difficult to predict which bet will win, as this will depend on several factors, such as economic conditions, investment trends and individual preferences,” Marburger reports, but he assures that it will be a good time to invest in general.

As he describes, “ gold has traditionally been seen as a hedge against inflation and a safe haven asset, and can be attractive to investors in times of economic uncertainty or market volatility. However, there are also other factors that can influence the demand for gold, such as interest rates, currency exchange rates and geopolitical events.”

In this context “ultimately, the decision to invest in gold or any other asset will depend on the person’s financial situation, risk tolerance and investment objectives.”

Advice for trainees
For investment beginners, the expert recommends “getting started, that is the most important recommendation. If the budget is tight, opt for silver . It is possible that he could sell his silver at some point and buy gold instead. But if you don’t start, you will never learn to invest.”

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